Folds Of Honor Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 976,279 | 956,398 | 19,881 | 8.7 | 8% |
| 2021 | 2,044,119 | 1,508,523 | 535,596 | 9.8 | 1% |
| 2022 | 1,939,387 | 1,804,068 | 135,319 | 7.8 | 1% |
| 2023 | 1,833,794 | 1,818,187 | 15,607 | 8.5 | 6% |
In its most recent public year (2023), this organization brought in $15,607 more than it spent. Its reserves stood at about 8.5 months of spending. Staff pay was 6% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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